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ROUND UP

Egypt’s power generation capacity to

be massively increased

Siemens

and the Egyptian government have reached firm agree-

ments today to build a 4,4 GW combined-cycle power plant and

install wind power capacity of 2 GW. Siemens will build a factory

in Egypt to manufacture rotor blades for wind turbines, creating

up to 1 000 jobs and therefore nearly trebling Siemens’ footprint

in the country. Including two further Memorandums of Under-

standing (MoU) which were signed at the event, Egypt’s power

generation capacity will bemassively increased by up to one third

mostly by 2020. Under the agreements, Siemens will propose to

build additional combined cycle power plants with a capacity of

up to 6,6 GW and ten substations for reliable power supply.The

agreements were signed at the Egypt Economic Development

Conference in Sharmel-Sheikh in the presence of Egypt’s Minister

of Electricity Shaker al Markabi, Germany’s vice chancellor Sigmar

Gabriel, and Joe Kaeser, president and chief executive officer of

SiemensAG. “Egypt needs a powerful and reliable energy system

to support its long-term, sustainable economic development, and

experienced partners who understand the specific challenges

facing the country”, said Joe Kaeser. “Siemens’ technology and

expertise has been supporting Egypt’s growth for more than

150 years, and our track record shows that we deliver what we

promise - also in challenging times.We are part of Egypt’s society

and proud to shape Egypt’s future together.”

Enquiries: Email

Keshin.govender@siemens.com

ENERGY + ENVIROFICIENCY

Annual Renewable Energy

Outlook 2014

New analysis from

Frost & Sullivan

, Annual Renewable Energy Outlook

2014, forecasts the global installed capacity of renewable energy to

more than double from 1,566 gigawatts (GW) in 2012 to reach 3,203 GW

in 2025 at an average annual growth rate of 5,7 %. Solar photovoltaic

(PV) technology is expected to account for 33,4 % of total renewable

energy capacity additions over the 2012-2025 period. Wind follows

closely at 32,7 %, ahead of hydro power at 25,3 %. Other renewable

technologies will represent the remaining 8,6 % of capacity additions.

However, economic difficulties in many parts of the world are affect-

ing the outlook for renewable energy. In much of the Western world,

the weak economic climate has impacted support schemes, which will

continue to be the lifeline for many renewable energy installations until

grid parity is achieved. For complimentary access to more information

on this research, please visit:

http://ow.ly/K6uJ6.

Rosatom is ready to empower Africa

Rosatom

presented an overviewof the current trends in the development

of nuclear energy as well as the company’s vision for South Africa,during

the annual Nuclear Africa Conference held on the 18 and 19 March

2015. The renowned annual conference was held at Necsa’s Visitors

Centre in Pelindaba, North West Province and was intended to develop

a positive and proactive approach to the nuclear power planning and

implementation process in South Africa, as well as to provide a forum

for people to access the entire spectrum of expertise from research and

development, to the construction and fabrication of nuclear power as-

semblies and installations. Speaking at the conference, Rosatomdirector

of the international business department, Nikolay Drozdov noted that

there were a number of new developments within the Russian Nuclear

Industry. One of these developments is the use of nuclear reactors for

desalination purposes, and Rosatom believes this could be part of the

solution to combat the ever worsening water crisis in Africa.

Enquiries: Email

rcollyer@rosatom.co.za

Eskom tariff increase from 1 April 2015

Eskom

confirms that the price increase to be implemented on 1 April

2015 to Eskom direct customers is still 12,69 % and for municipalities

will be 14,25 % from 1 July 2015 as approved by the National Energy

Regulator of South Africa (Nersa) during November 2014. Eskom’s cur-

rent financial position, as a result of historical non-cost reflective tariffs

and the lag in recovery of eligible expenditure, does not afford Eskom’s

balance sheet the ability to pre-fund further costs that are necessitated

by a constrained power system such as short term power purchases

from independent power producers and municipal generators and the

increased use of open cycle gas turbines. These constraints have neces-

sitated Eskom to explore options for further review of tariff increases

for the 2015/16 financial year.

Enquiries: Email

MediaDesk@eskom.co.za

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April ‘15

Electricity+Control